WS #11003
US and Iran agree to stand down after strikes, with Doha talks scheduled; Iraqi oil stranded in Persian Gulf begins shipping out, easing supply fears and pushing Brent crude down 20% in a month. Rocket Lab acquires satellite operator Iridium for $54/share ($8B), continuing space industry consolidation and boosting space stocks.
US-Iran de-escalation and oil supply relief
US and Iran agree to stand down after strikes, with Doha talks scheduled; Iraqi oil stranded in Persian Gulf begins shipping out, easing supply fears and pushing Brent crude down 20% in a month.
Rocket Lab acquires satellite operator Iridium for $54/share ($8B), continuing space industry consolidation and boosting space stocks.